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Introduction The fluctuation in the oil prices has the power to rock the entire world economy (Balassa, B., p23, 1985). The world has witnessed rapid fluctuations in the price level of oil over the last few decades and this fluctuation has drawn diverse affects on the economies of the world....
Carry A Critical Review Of An Academic Paper Drawing Out The Main Themes And Issues Discussed The article is about psychological contracts. They are defined as the rental contract that an employee engages with his employer. It affects the way he relates to the company/employer. The effect of psychological contracts...
Benefits of Team-working in the Organization In modern managerial techniques, teams play a critical role in accomplishing organizational goals and objectives. A number of organizations prefer using groups in realizing their aims mainly because of their effectiveness. In other words, teams are applied in every sector, including the education sector,...
Introduction The modern business enterprise is faced with very many challenges regarding the accessing and sharing of information. This is particularly enhanced if the organization does business on a global scale. The organization needs to create a team that will coordinate the activities of the organization. These members may be...
Creative Leadership Despite the fact that creativity seems to be an abstract concept, it has a well-structured model that can be applied to organizations. The model presented by DuBrin (2016) consists of five consecutive steps such as opportunity or problem recognition, immersion, incubation, insights, and verification and application (DuBrin, 2016)....
At the inception of every organization, the dream of the founders is to tell success stories. Some of the dreams are realized while others never come to reality because the life of the company and achievement of its objectives are normally dependent on the elements of organizational behavior such as...
What is the control function of management? The control function of management entails verification of whether everything runs in conformity with the strategy and policies that the organization adopts, the instructions that have been issued, and the established principles. With effective control in place, an organization optimizes the use of...
What are employees’ related issues in this case? Employees’ relations refer to a body within an organization, concerned with the maintenance of the employer-employee relationship to aide towards satisfactory productivity, morale, and motivation. Essentially, employees’ relation concerns itself with any possible approaches to handling challenges facing staff members that arise...
Introduction Risk management has a critical role that all organizations must take seriously to ensure that their operations remain sustainable. Chapman defines risk management as “the practice of identifying potential risks in advance, analyzing them, and taking precautionary steps to curb the risk factor” (34). It is a proactive approach...
Introduction Any risk management project demands an evaluation of the implemented strategies and analysis of the impact these interventions had on the project. Moreover, in addition to the planned risk management interventions, some mitigation activities can be necessary. Also, after the threats have occurred and the opportunities have been realized,...
Introduction The flow of information within an organization is one of the key strategies to achieve organizational success. The management of any organization should ensure that there is a smooth flow of information. This ensures that problems within the organization are solved on time, and it also allows all stakeholders...
Introduction Contemporary organisations are interested in understanding issues that influence employees’ performance. As such, they are developing human resource programmes that guarantee the use of people as the means for obtaining optimal productivity. This concern has given rise to the need to analyse the issue of employees’ lives outside the...
Employee Engagement is a major determinant of the positive performance of an organization. It rests upon several concepts, including overall job satisfaction, employee commitment to the success of the company, as well as the practice of organizational citizenship (Markos and Sridevi 89). Employee Engagement is regarded as the key factor...
Introduction The significance of both supply and demand in a business setting is that they determine the level of sales or revenue. Thus a firm must understand the factors that affect the supply and demand for its goods. The concept of elasticity is used to predict the influence of variables...
Demand and Quantity Demanded There is a clear distinction between demand and quantity demanded; furthermore, they have their own significance in the economics arena. In economics, the term demand refers to the will associated with purchasing a product, which one can afford, meaning that the price must be contained within...
Introduction Income inequality remains to be one of the key challenges to the attainment of economic development in the United States, other developed economies, the emerging economics, and the underdeveloped economies. More often than not, the issue of minimum wage has come out strongly in economic forums that are meant...
As far as the financial positioning of Abu Dhabi Islamic Bank is concerned, the profitability of the bank has grown on a consistent basis during the past three financial years. Similarly, other financial performance indicators, such as solvency and liquidity position of the bank, have also been satisfactory in the...
Introduction Modern politics calls for states to enter into certain agreements in order to succeed in achieving the national interests, even though their objectives might be different. The increase in the number of international organizations can be explained from two different perspectives, one being a realist perspective while the second...
Introduction The subject of raising the minimum wage is very emotional and often attracts confrontational debate between those who oppose the idea and those who support it. The proponents of raising the minimum wage argue that it would pull more people above the poverty line, increase the morale of employees,...
Introduction Organizational culture is one of the factors that have a direct impact on the effectiveness of an organization. It entails a system of shared values, beliefs, principles, and assumptions that define an organization (Mattone & Vaidya 2016, p.34). The success and effectiveness of operations within an organization are highly...
Executive Summary Dell’s position in the market suggests an industry reputation as one of the top-notch firms. Dell has enjoyed great success in delivering quality products and solutions to its clients while its current sales levels are high and business growth is imminent. Dell continues to make a presence in...
Introduction Business ethics is the art and discipline of applying ethical principles to examine and solve complex moral dilemmas. Business ethics asks, “What is right and wrong? good and bad?” in business transactions (William, 2007) Although no one “best” definition of business ethics exists, the consensus is that business ethics...
Overview Effective teams in the workplace are created and perform due to an effective means of communication and the ability to put personal preferences aside to work on a common goal. Human resource is the most important resource for any organization. The success of any organization depends upon the motivation...
The new company to be launched The company wants to launch a low-cost airline to diversify business and at the same time improve on the profit bottom-line. The company might make use of intranet and extranet technology in doing its business. Intranet technology is a local area network communication-based system...
Introduction Successful marketing requires recognition and authority at the top decision-making level. Marketing programs must be carefully planned and based not merely on knowledge of internal corporate affairs, but also knowledge of external environments. a service provider elected for analysis is British Airway (full-service carrier). Contracting out of services including...
In addition to internal risks, organizations have to face various external risks such as economic or natural (Hopkin 139). Economic risks can be associated with financial constraints affecting industries, states, or countries. The emergence of such threats can lead to decreased revenues, a high rate of turnover, and an inability...
Through its very nature, the Internet has altered and reshaped almost every aspect of the communication media, from books and news industry to television and various forms of personal interactions. One of the areas that emerged on the internet and developed into a massive, complicated industry is the online shopping....
Introduction The Reserve Bank of Australia from time to time raises and lowers interest rates depending on the prevailing economic conditions. The Reserve Bank of Australia lowers interest rates to encourage credit flow when there is enough evidence of a credit crunch (Baumgarten 2012, p. 98). Reserve banks take such...
The major goal of the paper at hand is to compose a risk management plan based on the facts presented in the case study, which is devoted to the security breach of customer data experienced by Flayton Electronics. The study will identify the size of the project (relying on the...
Project Charter Background This project aims at producing a new device used in certain medical products and its effective marketing. The project is expected to help the organization to diversify its product range, enter new markets, and increase profits. Medical products have been in high demand in the USA, and...
Introduction South Korea has had an impressive reputation in economic success based on sustained economic growth and industrialization, despite being among the poorest countries in the 1960’s. Generally, South Korea’s industrial transformation was aided greatly by the U.S government, which had high hopes that South Korea would become a model...
Introduction At the back of accelerated globalisation and increased movement of labour, philosophies, capital, media, and fast-paced technologies across transnational boundaries, cross-cultural communication has increasingly become one of the most essential factors that contribute to the development of businesses in the contemporary complex marketplaces. The ability of organisations to achieve...
Time Constrained activity Main stages of the purchase decision making process It is important to understand the main stages of decision-making process for customers when planning to purchase an item. This will help in planning how to influence the decision in favour of the company’s products. The figure below shows...
Differences between Data and Information Data refers to raw facts or observations such as values or measurements. Data is considered to have little or no value until it has been processed and transformed into information. Examples of data include a series of symbols not obtained randomly, numbers and words, a...
Management Summary The economy is global and organizations need to develop strategies based on the advanced level of communication technology. Communication technologies and information have revolutionized the relationships between organizations. The advent of the internet has created e-business that enhanced productivity and this has enabled the customer to participate. Communication...
Introduction It is commonly accepted by the business world that information technology should be viewed as more than just an automation of business processes. Information technology can fundamentally change the way business is done. Therefore, many organizations seek to improve their competitiveness by utilizing advanced information technologies such as enterprise...
Introduction Food prices have increased significantly since 2006. The increase in prices was initially observed in key food crops such as corn, rice, vegetables, and wheat. However, the trend has also been observed in other non-food commodities in the recent past. The price of corn in the United States rose...
Introduction It is the essence of every economic system that the businesses and entrepreneurs bring together the natural resources, capital, labor, and technology to produce and distribute goods and services for the well being of the people and development of the economy as well. The ways in which these factors...
Immigration is one of the frequently discussed issues in the United States relating to its economy. On the one hand, there is an opinion that this process positively influences the economic development of the country, including its population base and increase in gross domestic product (GDP), the encouragement of diversity...
Abstract Employee turnover is a global challenge affecting all business set-ups, whether multinationals or small and medium enterprises. The objective of this study is to investigate the causes and impacts of high employee turnover rates in different business sectors in the UAE. Organizational culture and job satisfaction will be investigated...
Introduction Workplace discrimination is among the major issues that affect several modern organizations in the US. Today, the US is a highly diversified society due to the influx of people from other countries who come to look for jobs and better opportunities in life. As a result, many organizations in...
Introduction to Unilever Lever brothers, a British soap maker and Margarine Unie, a margarine producer from Holland decided to merge based on a common raw material benefit of palm oil. This was known as the modern Unilever Corporation, the world’s second largest producer of consumer products. “Last week (1929 news...
Introduction Current research seeks to evaluate the importance of organizational culture and leadership in modern strategic management. The analysis of best practices and procedures required to realization of successful strategic management will be provided with a special attention to the practice of modern business entities and particularly drawing on JC...
Introduction Hersey-Blanchard Leadership model is described as complex, fragmented, and contradictory (Blackwell and Gibson 1998). In general, leadership can be described as a process of social influence through which one person is able to enlist the aid of others in reaching a goal. A number of activities are included in...
Concentrating on leaders themselves failed to provide an adequate overall theory of leadership. Hence, attention turned to other factors such as the group being led, the exchange relationship and the situational aspects of leadership. In contingency theories, the success of the leader is seen as a function of various contingencies...
Recent years, customers and market annalists admit a complete breakdown of all customer service aspects through the wholesale sector. Many wholesale retailers have determined that the capability of their organizations has been defined by staff responsiveness, thus customers admit that many companies are not responsive, and not worthy of loyalty,...
Introduction Checkpoint is a US company that was formed in the year 1969. The company has global operations in retail security, labelling and merchandising. It has its presence in South America, Europe, Asia, Australia and New Zealand. The company has good profitability that it achieved $688 million as sales revenue...
Business Models and strategies Ecommerce refers to a business model where the activities of the business are conducted electronically via the internet. There are various types of eCommerce as indicated below: Business -to- Business (B2B) This type of eCommerce refers to an electronic business activity whereby companies transact business activities...
The World Bank, also officially referred to as the International Bank For Reconstruction And Development (IBRD), came into existence in 1944 alongside the International Monetary Fund. It was the brainchild of 44 allied nations congregated at Bretton Woods in New Hampshire to strategize on how to revive the war-ravaged economies....
What Influences Consumer Behaviour? A business is dependent on its customers for its success; a customer is the most important thing that a business can have. But sometimes consumers tend to act rather weirdly, they tend not to respond to the occurrence and efforts put across by a business. The...
Introduction Managers in different companies choose to focus on enterprise risk management (ERM) to predict and address possible risks that may be associated with companies’ operations and activities. ERM can cover a range of risks potentially faced by organizations (McShane, Nair, and Rustambekov 642). In addition to managing risks associated...
Research Question How can effective communication improve the efficiency of a leader? Introduction This report examines effective communication and its impacts on leadership efficiency. At present, effective communication has been modeled to integrate verbal and nonverbal actions when interacting with others. The paper performs theoretical and empirical literature review on...
Introduction Government agencies achieve their aims by implementing appropriate projects and supporting them to ensure that they are successful. The emergence of risks might affect the effectiveness of such organizations. This challenge explains why many government entities put in place powerful risk management strategies to achieve their projects’ goals. Three...
Introduction Asia is the largest continent in the world. It is also the most populous region. According to Duara, the continent has about 4.5 billion people (961). In addition, it is regarded as the world’s fastest growing region in terms of economic development. The continent is made up of 46...
Introduction Risk management refers to any activity that involves the evaluation or comparison of risks and development of approaches that change the probability or the consequences of a harmful action. Risk management comprises the entire process of identification and evaluation of risks as well as the identification, selection and identification...
Communication Management at UAE Airline Companies Airline companies in the UAE are organizations functioning by major conventions and rules. Like any other organization, an Emirati airline company has to tackle certain issues. It has been acknowledged that communication plays a core role in the organization’s effective performance. Emirati organizations strive...
Introduction The case study A Culture of Risk Beyond Petroleum discusses the factors that can harm the company’s reputation and image, even if the company is one of the world’s leading organizations. After the explosion in one of British Petroleum refineries in Texas in 2005, the company has suffered significant...
Introduction China began to implement economic reforms in 1978, which enabled it to transform from a planned to a market based economy. The reforms have enabled the country to achieve an average economic growth rate of 9.5% in the last three decades. In 2011, China became the second largest economy...
Introduction Through marketing research, the company is able to understand the needs of its customers. Because companies embark on entering the worldwide market, they are compelled to understand how market research deviates from the domestic standards when carried out in global markets. Companies willing to enter into the international market...
Introduction Understanding the correlation between corporate culture, employee performance, and customer satisfaction is paramount because it helps to boost the competitive edge of an enterprise. Businesses ought to establish corporate cultures that guarantee continuous development. According to Paschal and Nizam (2016), organizational culture is vital because it influences employee commitment...
Identification of the Problem Discussed in the Article Previous articles on culture have failed to contribute to understanding the relationship between corporate culture and organizational performance. The lack of concrete research on the culture-performance relationship can be attributed to the lack of utilization of quantitative surveys and statistical analysis. Kim...
Introduction This marketing report covers strategic marketing for H&M within the context of New Zealand. It considers recent sector performances, risks, and opportunities for H&M. Marketing strategies and outlook presented are based on major indicators of the apparel and accessories sector in the country to provide real-world experiences for the...
Introduction Porter describes a structure for evaluating the behaviour of costs, the determinants of relative cost position, and the way firms can gain a sustainable cost advantage or minimize their cost disadvantage. In terms of marketing concept, customer satisfaction plays major role. Organisations identify their needs and wants by discovering...
Management and leadership Management and leadership usually mean the same thing. In recent years management has been taken to mean the driving force to the success of a business. The following are some of the main distinctions between management and leadership. The role forms the first distinction, leadership is deemed...
Introduction The following essay is concerned with the critical analysis of the organizational culture that led to the debacle of Enron corporation. The collapse of Enron corporation provides a case of organizations that have felled as a result of scandals by their leaders in the recent past. Generally, the manner...
Report of the Competitive Advantage of the Haier Group in American Retail Market Heier Group Company was founded in 1984 in China as an electrical appliance. The Group extended its operations to the Western countries through introduction of innovative products. However, Heier faced several challenges in their expansion efforts especially...
Abstract Consumer motivation is a concept that has gained massive popularity among marketers as it enables them to understand their buying behavior. In this paper, the focus was to discuss the relevance of this concept in the current competitive business environment. The research relied on secondary sources, especially books and...
Introduction Implementing change is an indispensable organizational procedure that plays a foremost role in ensuring organizational efficiency. Implementing change is not an easy task and requires well-laid procedures and a strategic planning approach. One of the significant driving factors that could compel business enterprises to implement change processes is the...
Executive Summary In a marketing environment, product manufacturers have to translate the unique selling propositions into tangible product benefits in order to retain the loyal customer base while strategizing on how to acquire new customers. A marketing strategy that complements McDonald’s in the US might not necessarily elicit a similar...
Read this paper to discover how to make apple marketing strategy analysis in 2022. You will also find information about target market of apple. Discover Apple target audience’s age, geographic location, and consumer behavior. Apple’s Background Apple Inc. is an American multinational company, which manufactures and designs computer software products...
Introduction If we analyze then we come to know that organization knowledge assets (tacit and explicit) have to be administered. Knowledge management is not concerning building a mechanized systems of human assets but it is concerning the preparation and completion of activities designed to incessantly recognize, obtain, apply, share, expand,...
Introduction This paper explores behavioural issues in finance by reviewing key concepts and theories associated with financial market assessments. Key tenets of this essay contain discussions about the role of the modern portfolio theory, asset valuation metrics, and the efficient market hypothesis (EMH) in behavioural finance, including a review of...
Introduction In any stock market analysis the impact of monetary and fiscal policies of the nation cannot be ignored as they have an overwhelming impact on the movement of stock market prices. The stock market can not be regarded as the ‘cause’ of the growth of an economy, but in...
Introduction Modern politics calls for states to enter into certain agreements in order to succeed in achieving the national interests, even though their objectives might be different. The increase in the number of international organizations can be explained from two different perspectives, one being a realist perspective while the second...
Introduction The retail finance services have provided a healthy platform for revenue generation in several corporations due to its stability. Nevertheless, the retail industry has suffered from diverse crises in the contemporary world. Thus, the retail banking remains as the most important resource for revenue in the financial services business....
Introduction The report was commissioned by the Marketing Principles teacher. The goal of the study is to explore the opportunities for rebranding one of Nestlé’s products (the Kit Kat bar). The scope of the report includes the marketing mix and recommendations. The method of analysis involves the scrutiny of the...
Objectives and issues The main objective involves an examination of overall consumer responses towards Nikon products within the entire Global market. To examine the extent to which camera products are used within domestic settings; To identify consumer attitude towards various product brands compared to other competing brands from established companies;...
Background According to International Labor Organization, unemployment is defined as having a population without jobs; for a workforce to qualify as unemployment, it must have been looking for a job in the past four weeks in vain. The unemployment rate in a country is measured as a percentage of unemployed...
Background A key principle of macroeconomics is that the optimal choices are based on trade-offs (Ball, 1994). This principle applies to the formulation and execution of monetary policy as well. Failure by central banks to rein in on inflation results in more expected inflation. On the other hand, very tight...
Introduction Poorly managed capital funds and investments, uncontrolled international capital flows, and incorrect resources chosen by lenders and investors are the main reasons for the development of a financial crisis. To comprehend the value of such economic situations and the steps that could be taken to investigate and avoid financial...
Managerial economics. Decisions regarding the allocation of scarce resources Managerial economics is a subfield of economics which seeks to amalgamate the basic definitions of economics such as allocation of resources and study of production, distribution, and consumptions with real-world business practices. The primary purpose of managerial economics is to provide...
Price, income, and demand for goods are not static variables in today’s business and economic environment. They are always changing, and they tend to influence how individuals and businesses go ahead purchasing given quantities of goods and services which they need to either use or sell. Price elasticity of demand,...
“International marketing is a process of planning and executing the conception, pricing, promotion and distribution of ideas, goods, and services to create exchanges between nations that satisfy individual and organizational objectives”. And according to the American Marketing Association, International Marketing is the performance of business activities designed to plan, price,...
Introduction The modern business scenario is highly competitive and understanding its complex dynamics is essential for companies to gain competitive advantages. New product development (NPD) and innovation are crucial in determining the success or failure of a company. This paper analyses some of the critical concepts that define the success...
Introduction Nelson & Prada is a company that specializes in the production and sales of aquaponic systems. Located in the city of Montello, Wisconsin in the United States, this company offers various aquaponic solutions and training for its clients from all over the country. The firm has expanded its market...
Introduction A Marketing plan is a critically researched and detailed report which elaborates a specialized strategy for planning new products, venturing into new markets, and winning more customers. In the Marketing World, various Marketing issues are faced. The following are some of the Marketing issues that arise from the analysis...
Company profile Edimax Sportswear is a private limited company that specializes in designing and developing sportswear products such as footwear and apparels. The firm was established in 2004 in the UK and it has established eight outlets in its local market. An experienced workforce of over 400 employees facilitates its...
Executive Summary Eureka Software Inc. was started on 12th October, 2000. It has grown to become one of the leaders in the industry in terms of both market share and profitability. The company specialises in the customised development of software applications for various business needs. For instance, it customises supply...
Perfect Economy A Perfect economy is an economy that is characterized by several unique conditions. For instance, in a perfect economy, there is perfect rationality of consumers, most of the agents in the economy are price takers, and there are transitive and stable preferences. The economy has perfect information that...
Abstract The given paper delves into the main aspects of Kitchen Fashion Furnitures (KFF) functioning. The company provides its customers with modern and high-quality kitchen equipment. In the previous papers, we introduced and investigated the company touching upon its main approaches and strategies used to remain beneficial and attain stable...
Situation Analysis Tesla Motors is an organization that has existed for 13 years already. Initially founded in North America, it soon reached Europe, Australia, and Asia, as it attracted the population with a new generation of vehicles that ensure zero emissions and sustainable energy (Tesla Motors, 2016a). Not so long...
Introduction to the Product Life Cycle Product Life Cycle is the name given to the sequence of stages a product goes through. Kotler and Keller (2006) assert that a company’s positioning and differentiating strategy must adapt to the successive changes in the product, its market, and its competitors throughout the...
Overview of the company Apple Inc. is one of the leading companies in the technology industry where it specializes in the production of electronic gadgets. Steve Jobs, Steve Wozniak, and Ronald Wayne incorporated the company in 1975 with its initial product being solely the Apple personal computer kit (Chang, Chen,...
The soft drinks market in the UK has been growing fast over the past years. Beverage companies are moving away from alcoholic drinks to curve niche in soft drinks markets. Furthermore, new companies being established to cater for this unexploited market. The increasing growth can in part, be attributed to...
Many people have argued about the authority of a management decision to be questioned by those under him. Many wonder whether managers just need to dictate to others what they have to do or whether they have to persuade others to do what they want to be done. This paper...
The Coke product in terms of its repositioned target market demographics using U.S. Census Data The positioning of any product by any company is a key determinant of the volume of sales that the company expects from the sale of the product. Coke is a product of the multinational Coca-Cola...
Introduction Being a new entrant to the existing fashion and apparel market, Handmade Knitwear needs an elaborate strategy for promoting its products and attracting target customers. In order to become successful in the target market, the organization will have to deploy an efficient marketing approach and make the product not...
Abstract During the last decade, British Petroleum, which is also referred to as BP, has played a vital role in leading other gas and oil companies in terms of alleviating social and environmental effects by establishing numerous conservation initiatives around the world. This paper aims at establishing the impacts of...
Products, services, customers, purpose and goals of Google Google was established in 1998 as a search engine that was mainly involved in text search where by it enabled its users in entering key words to facilitate retrieval of relevant information. Over the years, Google has turned out to be the...
Abstract Transportation economics is as important to business as it is the production. Production by itself cannot bring about profit without goods reaching the intended customers. Transportation economics serves as a vital linkage between products and clients. Large-sized business organizations that have taken a major step of upholding globalization play...
Abstract The adoption of best practices by multinational enterprises is a necessity because of globalization challenges such as stiff competition, diversity, and increased creativity and innovation. Starbucks is an international corporation that has achieved great success through the implementation of ethical business practices in the areas of human resource management,...
Introduction Information resources are traditionally viewed as information technology (IT) assets and capabilities that are available for businesses to help them perform processes, complete tasks, achieve strategic goals and improve competitive advantage. Such resources include technology, data, IT infrastructure, devices, IT knowledge, hardware and software among other available tools and...
